Italy - Italian Supreme Court Decision on Indirect Taxation Applicable to a Surrender of Usufruct Rights over Immovable Property
- R. Rossi
- European Taxation, 2019 (Volume 59), No 8
- 16 July 2019
In this note, the author analyses the Decision of the Italian Supreme Court in Case No. 2252/2019 regarding the application of Italian mortgage and cadastral taxes applicable on the surrender of a usufruct right over immovable property located in Italy. This note describes the arguments reported in the Decision, providing an overview of the primary implications in terms of indirect taxation applicable upon a surrender and transfer of rights in immovable property located in Italy.